Strata Body Corporate Albion

strata body corporate services Albion

What Is Involved With Strata Management In Albion

Strata Management in Albion involves lots of tasks, our Supervisors are well trained and capable in the role requested of them.

Here is a snapshot on what the Supervisors of your Owners Corporation do:

– Inaugural AGM develop Owners Corporation, chairperson, budget, strata insurance, committee and basic service

– Managing all common services to your house

– Accounts Payable & Receivable

– Keep the most competitive strata building insurance coverage cover

– Submission and processing of insurance coverage claims

– Conduct Annual/Special General Conferences consisting of all preparatory paperwork and minutes

– Communication with your committee and members

– Providing monetary reports as asked for in a prompt way

– OH&S Compliance

– Correspondence with Council on matters relative to your property

– Building and Fire Code Laws

– Guaranteeing that Owners Corporation charges & levies are paid on time

– Guaranteeing that occupiers abide by the Design Rules

– Debt Collection – our company supplies a stringent financial obligation collection service for non payment of costs

– Establish a maintenance fund for future capital works/improvements

– Offer an out of hour’s emergency situation service readily available to all residents of the owner’s corporation

– Affixing of the your Typical Seal

– Produce Owners Corporation Certificates

– Preserving all Owners Corporation records and offsite archiving

– Handle Conflict Resolutions effecting the Owners Corporation

We guarantee our Owners Corporation customers are certified with all relevant laws, legislation and regulations through our our detailed risk management processes.

We are licensed by the Organisation Licensing Authority, registered number 532.

Our specialist accreditation process guarantees a trusted, certified and qualified specialist panel is at call to service our customers. This approved panel supplies our customers with competitive quotes and quality service. We guarantee professionals deliver to the scope, time, budget and quality requirements of our customers.

We utilize an independent auditing and compliance business to examine our client’s structures are safe and certified to OHS and Necessary Service Requirements.

We are dedicated to a professional industry. Our company and its members are members of Strata Community Australia www.stratacommunity.org.au, The Institute of Chartered Accountants, the Australian Institute of Business Directors and The Financial Providers Institute of Australasia (FINSIA) www.finsia.com.

strata management Albion

Body Corporate Providers Servicing Albion

We chose repair and maintenance service providers who have a shown track record of reducing the expenses of service, delivering to timeframes and the quality requirements of the Owners Corporation. Making it simpler for our clients.

We make sure through our contractor accreditation process a reputable, certified and proficient specialist panel. This panel has the ability to supply our clients with competitive quotations, quality service providing to the time, budget plan and quality specs.

We help in keeping our customer’s home by arranging repair work and upkeep, cleaning and gardening as requested by the Owners Corporation. We verify all billings and make sure right payment to professionals. We understand the professionals to call for complex matters.

We guarantee our client’s structures are safe and certified by using independent auditing and compliance business.

Strata Account Management

We make sure:-.

Works are completed in accordance with our approved control framework to make sure strong danger management consisting of work orders, accounts approval processes and accounts payments processes.

Approval of works are made within the approved authorities of our clients.

A seperate accounts payable area makes sure accounts are paid in a prompt way and makes sure responsiveness of our individually licensed providers.

We keep electronic records as required by law.

Strata Management for Property Developers

All new developments in Albion have a consistent procedure that Body Corporate Strata Group would help and step through, making sure we can offer additional worth to our overall purpose of managing the Owners Corporation.

Stage 1. Initial Meeting/s – Understanding of Owners Corporation.

Gathering of information such as:.

– Draft building plans and plan of subdivision.

– Understanding of common services (i.e. elevators, typical electrical power, stairwells, gardens, and so on).

– Recognition of multiple Owners Corporations.

– Developer’s expectations.

– Intro to Body Corporate Strata Group and service capabilities.

Stage 2. Body Corporate Strata Group Management Proposition.

Stage 3. Preparation of Indicative Budget Plan.

Based upon all information gathered from preliminary conferences, Body Corporate Strata Group will prepare and a sign spending plan based on what the expected, annual Owners Corporation charges will be. The indicative budget plan helps the developer and sales group when selling off the plan for potential buyers who might ask about the Owners Corporation costs.

Stage 4. Agreement of Visit.

Upon approval of our proposal and indicative spending plan, our group will need a Contract of Appointment to be signed for the authorization to act on your behalf through all stages of the development affecting the Owners Corporation.

Stage 5. Marketing & Sales.

We will assist through all aspects of the sales procedure impacting the Owners Corporation, such as:.
– Establish an initial conference with your sales team.
– Provide a direct information and query line to our Business Development Supervisor for your sales representative and prospective buyers.
– Complete specific marketing material as part of your marketing and sales program.
– Go to discussion nights and/or conduct discussions.

Stage 6. Setting up Owners Corporation.

Prior to settlement of your unit/s, we will need particular info to set up the Owners Corporation, such as:.

– Registered Plan of Subdivision.

– Certificate of Occupancy.

– Preparation and conclusion of the Inaugural Annual General Meeting, consisting of finalisation of minutes.

– Payment of Owners Corporation Strata Insurance which is set off by the issue of your Certificate of Occupancy.

– Invoicing of Owners Corporation fees.

At this stage, we will likewise obtain your ABN number, common seal and established the Owners Corporation checking account.

Notably, all pre-paid expenses used up by the Developer connecting to the Owners Corporation establishment consisting of Strata Insurance coverage are recovered at the time of settlement of your home either completely or pro-rata.

Stage 7. Settlement.

– Completion of Owners Corporation Certificates with needed documents attached.

– On-site assessment of home with Owners Corporation manager.

– Affixing of Owners Corporation Management Sign.

Stage 8. Welcome to Our Body Corporate Strata Group.

Frequently the buyer has actually never been included with an Owners Corporation, we see the very first time they might have anything to do with our business is by getting an invoice.

To make sure they understand the services the Owners Corporation are accountable and by way of intro, all owners receive an in-depth welcome package with truths about the services the Owners Corporation supply, model rules, contact details and a lot more.